Market Research Analyst Salary in Memphis, Tennessee
The median market research analyst salary in Memphis, TN is $58,678 per year, which is 14% below the national median and 3.4% below the Tennessee state average.
Market Research Analyst Pay in Memphis: What to Expect (2026)
Memphis offers a median market research analyst salary of $58,678, which is $2,047 below the Tennessee state average of $60,725. Compared to the national median of $68,230, Memphis pays below the national benchmark for this role.
One of Memphis's biggest advantages is its low cost of living at 86% of the national average. This means the $58,678 salary stretches further here — equivalent to roughly $68,230 in an average-cost city. This makes Memphis an attractive option for market research analysts seeking strong real-dollar compensation.
The salary range for market research analysts in Memphis spans from $32,680 at the 10th percentile to $104,920 at the 90th percentile — a $72,240 spread. Entry-level professionals start around $34,400, while senior market research analysts with 8+ years of experience can earn up to $98,900. As a major metro area with a population of 633,104, Memphis typically offers more job opportunities and employer competition, which can drive salaries higher.
Market Research Analyst Salary in Memphis by Experience
In Memphis, an entry-level market research analyst earns around $34,400, while experienced professionals earn up to $98,900 per year. The local cost of living index is 86% of the national average.
Salary Percentiles in Memphis, TN
| Percentile | Memphis |
|---|---|
| 10th Percentile | $32,680 |
| 25th Percentile | $43,000 |
| Median (50th) | $58,678 |
| 75th Percentile | $79,120 |
| 90th Percentile | $104,920 |
Market Research Analyst Salary in Other Tennessee Cities
How to Become a Market Research Analyst in Memphis
Education
Most market research analyst positions require a bachelor's degree. Memphis and the surrounding Tennessee area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, market research analyst employment is projected to grow 13% over the next decade (much faster than average). Demand in Memphis may vary based on local industry and population growth.
Find Market Research Analyst Jobs in Memphis
Browse open market research analyst positions in Memphis, TN: